Q. ‘FRDI’ Bill, 2017 aims to protect the stability of the financial system. Once enacted, FRDI Bill 2017 will be replacing ______.
A) Deposit Guarantee Corporation Act, 1980
B) Deposit Insurance and Credit Guarantee Corporation Act, 1961
C) No option is correct
D) Credit Guarantee Corporation Act, 1990
✔ Correct Answer: Deposit Insurance and Credit Guarantee Corporation Act, 1961
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